Articles by Keith Regan

Online grocer Peapod's attempt to rebound from a series of setbacks has been further stalled by a class action lawsuit filed on behalf of all investors who bought the company's stock between November 8, 1999 and March 16th of this year Wednesday's complaint alleges that Peapod executives said they were confident that the $15 (US$) million in cash o...

Riding high on this week's favorable financial reports, online auctioneer eBay announced Wednesday that it will aggressively expand its already-booming European operations According to eBay, sales in the company's two current European markets, Great Britain and Germany, surged 84 percent to $86.92 million (US$) in the first quarter, while the numbe...

The U.S. Department of Justice (DOJ) is investigating whether Homestore.com, Inc. and the National Association of Realtors (NAR) are in violation of antitrust laws Homestore.com (Nasdaq: HOMS), based in Thousand Oaks, California, said it has received a request for information from the DOJ's antitrust division. According to the company's Web site, t...

Andersen Consulting, Sun Microsystems and iPlanet announced Tuesday that they will form a joint venture and invest $300 million (US$) to set up a system to provide electronic buying services for businesses The venture is aimed at cutting businesses' costs on items such as office supplies, computer equipment and airline tickets by as much as half. A...

According to a new report by investment bank Bear Stearns, 80 percent of online travel sites are destined to fail over the next five years The six-month study projects that only 200 of the 1,000 existing online travel sites will still be in business in 2005, led by such stalwarts as Expedia.com, Travelocity and Priceline.com.

A surge in Asia-Pacific e-commerce will culminate with $1.6 trillion (US$) in transactions taking place in 2004, according to a new study by Forrester Research The $1.6 trillion figure will make the region a powerhouse in the overall global Internet economy, said Stuart D. Woodring, vice president of research for emerging Internet economies at Forr...

Holland-based Royal Ahold plucked beleaguered online grocer Peapod from the edge of bankruptcy Friday, pledging to buy 51 percent of the Skokie, Illinois-based firm. Peapod will remain a stand-alone company, while Ahold will supply goods and services, including the use of its network of warehouses and distribution centers The $73 million (US$) cash...

A federal court judge in Boston, Massachusetts has ordered a notorious Canadian cybersquatter to close down a site that infringes upon the copyright of search engine Northern Light.com In issuing an indefinite injunction, U.S. District Judge Douglas P. Woodlock ordered Jeff Burgar of Alberta, Canada to shut down Northernlights.com and to provide a ...

In the wake of a report predicting that e-commerce players with brick-and-mortar outlets will be most likely to survive the impending dot-com shakeout, AltaVista said Thursday it will partner with Musicland Stores Corporation, a chain that operates four Web sites of its own and more than 1,300 retail stores In a report released Tuesday, Forrester R...

Internet-only computer maker Netpliance, Inc. (Nasdaq: NPLI) announced Wednesday that it has landed a deal with online auction giant eBay (Nasdaq: EBAY) that will allow users to access the auction site with one push of a button Under the agreement, Netpliance will install a "hot key" linking directly to eBay on all of its i-opener devices. The mini...

Increasing competition, falling stock prices and weak financial performance will combine to kill off most of the companies now doing retail business on the Internet by the end of next year, according to a report from Forrester Research released on Tuesday "Online retail's honeymoon is over," said Joe Sawyer, who authored the report, "The Demise Of ...